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News and Articles by Anahit

Ron Paul about crypto

Former US Politician Ron Paul Finds BTC Is Money


Ron Paul, former U.S. Representative for Texas's 22nd congressional district, said in a recent interview that he finds Bitcoin is a form of money and should be treated like that. There were discussed topics as inflation and issues with money printing and supply. Dr. Paul has always been a...

Vitalik Buterin about Ether

Vitalik Buterin Says Eth2 Takes More Time Than Was Assumed


Ethereum 2.0 deposit contract now holds over 5 million Eth worth around $13.6 B. The Ethereum environment is in the process of moving from a Proof-of-Work consensus mechanism to a Proof-of-Stake as a step of the system's development. The difference between these two is that PoW requires a lot of...

Coinbase Pro Dogecoin

Coinbase Pro Starts Dogecoin Trading on June 3


On June 1, leading crypto exchange Coinbase published a blog post informing about the addition of DOGE to its platform for professional traders. The option to purchase Dogecoin will be unlocked for Coinbase Pro users from 9 AM June 3 if liquidity requirements are preserved. The launch will take...

BTC decline in May

Bitcoin Saw One of Its Greatest Declines in May 2021


In May Bitcoin's price saw a 36% decline, which is the worst drop after November 2018. The cryptocurrency was traded at around $58.000 at the beginning of May and closed the month with a price of about $37.000. Data shows that 47% fall happened from 14 May to 20 resulted in $14.2 billion...

Argentina crypto mining

BTC Mining Expands in Argentina Due to Cheap Energy


Affordable government-supported power supply in Argentina opens more BTC mining opportunities allowing to mine from home. Generally, BTC mining is growing in places with low utility prices as it brings more income. As for Argentina, experts say the new policy adopted by the government can be used...

China OTC trading crypto

After Stricter Regulations in China, Traders Turn to OTCs


While the Chinese government takes measures to regulate the crypto industry, traders find the solution via OTC (over-the-counter) desks. As reported by Bloomberg, after China announced the latest crackdown, there has been a huge uptick in OTC service usage. Trading crypto isn't allowed in the...

SEC vs Ripple decision May

The SEC's Request to Access Ripple's Legal Concerns Refused


SEC vs Ripple lawsuit is in the process. On May 30, another decision on the case was published, where the US Magistrate Judge Sarah Netburn announced denying the SEC's request to access Ripple Lab's legal counsel records. The government agency found the step would bring more clarification. Per the...

Alexis Ohanian QuickNode

Alexis Ohanian Leads Investment in DeFi Startup QuickNode


Reddit co-founder Alexis Ohanian leads investment in the blockchain development platform, focused on the decentralized internet, QuickNode. The startup attracted $5.3 M in seed funding headed by venture capital company Seven Seven Six, the founder of which is Ohanian. Earlier, the entrepreneur...

Joe Biden crypto regulation

Joe Biden's 2022 Budget Proposal Defines New Crypto Rules


The White House released a new document on the US budget government. There are offers for changes concerning crypto regulations. The budget was issued on May 28. It is the first one introduced by Joe Biden's presidency. Two crypto points included in the paper define to provide more information to...

Ripple SEC

Ripple's Going Public After the SEC's Lawsuit, the CEO Says


In a recent meeting, Ripple CEO Brad Garlinghouse stated the firm aims to go public when the SEC's lawsuit will be over. The legal actions started in December 2020, when the SEC started a $1.3 billion lawsuit against Ripple claiming XRP, the cryptocurrency developed by the company is security. The...

ARK Invest Bitcoin

ARK Invest Bought $22 M Worth of Bitcoin


New York-based investment management company ARK Invest, which is focused on innovations, put $22 million into Bitcoin. The investment is shown in the company's daily purchase report that publishes trades carried out through ETFs. On May 23, the ARK Next Generation Internet ETF bought 516.001...

GameStop NFT platform

GameStop Will Present Its NFT Platform


GameStop, an American retailer that sells games, consoles, and other electronics is on the way to present its NFT platform. The company is carrying out design and development processes. There is already a lending page on the website. GameStop announced building a team and therefore hiring...

Mark Cuban Polygon

Mark Cuban Invests in the Crypto Platform Polygon


Billionaire Mark Cuban invested in the Ethereum L2 scaling solution and framework building protocol Polygon. The sum of the investment wasn't announced. Polygon was added to Cuban's website as part of his capital. 🔥 @mcuban is one of the most prolific and insightful investors with investments in...

Vitalik Buterin answers Elon Musk

Vitalik Buterin on Elon Musk's Idea of Scaling DOGE 10X


The youngest crypto billionaire, Ethereum co-founder Vitalik Buterin issued a paper with the title "The Limits to Blockchain Scalability". There he wrote about Elon Musk's announcement that Dogecoin can speed up its block time 10X, boost block size 10X and reduce fee 100X. Vitalik...

Elon Musk about Dogecoin and BTC mining

Elon Musk on DOGE Development and Changes in Bitcoin Mining


On May 24, Elon Musk tweeted about Doge, suggesting people interested in the coin's development share ideas on GitHub and Reddit forums. If you’d like to help develop Doge, please submit ideas on GitHub & @dogecoin_devs— Elon Musk (@elonmusk) May 24, 2021 ...

Ray Dalio holds bitcoins

Billionaire Ray Dalio Unveiled He Owns BTC


American billionaire entrepreneur, the founder of the largest hedge fund Bridgewater Associates, Ray Dalio disclosed he holds some Bitcoins during Coindesk's 2021 Consensus Conference. The billionaire talked about types of inflations stating he prefers Bitcoin over a bond in such case. He finds...

OCC crypto

OCC Will Review Existing Cryptocurrency Rules


The US government agency Office of the Comptroller of the Currency will reconsider the crypto policy put forward by the previous management last year. Michael Hsu, who was assigned the role of Acting Comptroller of the Currency on May 10, made the request. He said that OCC has always been...

Goldman Sachs crypto report

Goldman Sachs' New Report Says Crypto Belongs to Asset Class


American multinational investment bank Goldman Sachs recently recognized cryptocurrencies as a category of assets. The screenshots were published on Twitter by economist Alex Krueger. Crypto, a new asset class - quite a comprehensive report by Goldman.— Alex Krüger...

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